Reconciliations of Equity

6 Months Ended

Jun. 30, 2020

Equity [Abstract]

Reconciliations of Equity

2. RECONCILIATIONS OF EQUITY

Below are reconciliations of total equity, Company equity and equity attributable to noncontrolling interests for the three and six months ended June 30, 2020 and 2019:

(In thousands, except share and per share amounts)	Total			Common Stock		Additional Paid-in Capital		Treasury Stock			Accumulated Other Comprehensive Income (Loss)			Retained Earnings			Noncontrolling Interest (1)
Balance at March 31, 2020		867,472			26,541		195,661		(122,685	)		(176,546	)		943,807			694
Issuance of 3,933 shares of common stock under stock option plan		237			4		233		—			—			—			—
Purchase of 71,555 shares of common stock		(6,510	)		—		—		(6,510	)		—			—			—
Stock-based and deferred compensation		3,043			7		3,053		(17	)		—			—			—
Net income		35,843			—		—		—			—			35,707			136
Other comprehensive income		4,345			—		—		—			4,343			—			2
Cash dividends paid:
Common stock ($0.28 per share)		(6,169	)		—		—		—			—			(6,169	)		—
Balance at June 30, 2020	$	898,261		$	26,552	$	198,947	$	(129,212	)	$	(172,203	)	$	973,345		$	832

(In thousands, except share and per share amounts)	Total			Common Stock		Additional Paid-in Capital		Treasury Stock			Accumulated Other Comprehensive Income (Loss)			Retained Earnings			Noncontrolling Interest (1)
Balance at December 31, 2019	$	892,496		$	26,493	$	193,135	$	(114,139	)	$	(136,170	)	$	922,464		$	713
Issuance of 6,680 shares of common stock under stock option plan		392			7		385		—			—			—			—
Purchase of 160,780 shares of common stock		(13,753	)		—		—		(13,753	)		—			—			—
Stock-based and deferred compensation		4,159			52		5,427		(1,320	)		—			—			—
Net income		63,382			—		—		—			—			63,252			130
Other comprehensive income		(36,044	)		—		—		—			(36,033	)		—			(11	)
Cash dividends paid:
Common stock ($0.56 per share)		(12,371	)		—		—		—			—			(12,371	)		—
Balance at June 30, 2020	$	898,261		$	26,552	$	198,947	$	(129,212	)	$	(172,203	)	$	973,345		$	832

(In thousands, except share and per share amounts)	Total			Common Stock		Additional Paid-in Capital		Treasury Stock			Accumulated Other Comprehensive Income (Loss)			Retained Earnings			Noncontrolling Interest (1)
Balance at March 31, 2019		832,221			26,441		185,911		(100,098	)		(142,580	)		861,773			774
Issuance of 4,423 shares of common stock under stock option plan		273			4		269		—			—			—			—
Purchase of 69,736 shares of common stock		(6,104	)		—		—		(6,104	)		—			—			—
Stock-based and deferred compensation		2,609			8		2,601		—			—			—			—
Net income		30,210			—		—		—			—			30,218			(8	)
Other comprehensive income		4,830			—		—		—			4,857			—			(27	)
Cash dividends paid:
Common stock ($0.25 per share)		(5,642	)		—		—		—			—			(5,642	)		—
Balance at June 30, 2019	$	858,397		$	26,453	$	188,781	$	(106,202	)	$	(137,723	)	$	886,349		$	739

(In thousands, except share and per share amounts)	Total			Common Stock		Additional Paid-in Capital		Treasury Stock			Accumulated Other Comprehensive Income (Loss)			Retained Earnings			Noncontrolling Interest (1)
Balance, December 31, 2018	$	808,185		$	26,309	$	182,881	$	(97,389	)	$	(141,483	)	$	837,107		$	760
Issuance of 43,129 shares of common stock under stock option plan		2,163			43		2,120		—			—			—			—
Purchase of 70,636 shares of common stock		(6,181	)		—		—		(6,181	)		—			—			—
Stock-based and deferred compensation		1,249			101		3,780		(2,632	)		—			—			—
Net income		55,188			—		—		—			—			55,202			(14	)
Other comprehensive income		9,078			—		—		—			9,085			—			(7	)
Cash dividends paid:
Common stock ($0.50 per share)		(11,285	)		—		—		—			—			(11,285	)		—
Other (2)		—			—		—		—			(5,325	)		5,325			—
Balance at June 30, 2019	$	858,397		$	26,453	$	188,781	$	(106,202	)	$	(137,723	)	$	886,349		$	739

^{(1) Reflects the noncontrolling interest in the Company’s China joint venture.}

^{(2) Reflects beginning retained earnings adjustment as a result of the Company’s first quarter 2019 adoption of ASU No. 2018-02, Income Statement – Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income.}